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    Managerial Accounting Study Set 13
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    Exam 13: Relevant Costs for Decision Making
  5. Question
    A Sunk Cost Is a Cost That Has Already Been
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A Sunk Cost Is a Cost That Has Already Been

Question 7

Question 7

True/False

A sunk cost is a cost that has already been incurred but that can be avoided at least in part depending on the action a manager takes.

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